The whys and hows of a single market for Europe | Alessio Terzi, Mario Mariniello and André Sapir at Bruegel.org

The legislative triangle of the European Union

The legislative triangle of the European Union (Photo credit: Wikipedia)

This is an excellent article published by international think-tank, Bruegel. It’s a recommended read. Check it out!

via The whys and hows of a single market for Europe | Alessio Terzi, Mario Mariniello and André Sapir at Bruegel.org.

Unfortunately, the model is theoretical. The reality is often very different with widespread protectionism, restricted practice and absence of effective competition. Let me cite some examples to illustrate my point:

1. Banking – absence of competition across Europe

2. Public sector, national & local government, police, fire and related services – outsourcing of front & back-office – across Europe

3. EU administration – outsourcing of front & back-office

4. Common Agriculture Policy

5. Energy

6. Utilities

7. Professional services

8. Transportation

9. Supermarkets

Without reform, effective competition and fiscal stimulus, massive unemployment will continue, leading ultimately to a continental crisis on three dimensions:

  • Political
  • Social
  • Economic

Thoughts?

 

Conservatives should cheer Jean-Claude Juncker’s European Commission – Mark Field MP – Telegraph

This is an excellent article by Mark Field MP, published in the Telegraph.

via Conservatives should cheer Jean-Claude Juncker’s European Commission – Telegraph.

Personally, I am a close follower of the deliverables of the European Commission (EC) and would endorse Mark Field’s views.

The new team at the EC seemed to have hit the ground running. They are certainly focused on delivering against major challenges. I wish them every success.

But in 2015, this blog will be monitoring their achievements.

Thoughts?